The Italian news agency, Nova, announced that a recent wastewater treatment agreement, signed between Italy and Libya, is set to be implemented by an Italian company with an investment of €200 million euros.
The agency highlighted that the company will resume work on the wastewater treatment plants in Tripoli and Misrata, which had been completely suspended in 2014, due to the deterioration of the security situation.
According to Nova, the work is expected to be completed by 2026. The Italian Council for Housing and Infrastructure, and the Libyan Institution for Urban Development are funding the project.
The agency underscored the agreements importance in “strengthening cooperation with Libya, a strategic country for Italy, both from an energy perspective and for managing migration flows.” It also supports the “Mattei Plan” for water cooperation – one of the most valuable and scarce resources on this planet – outlining what Italy can offer to the southern shores of the Mediterranean, in addition to the value of Italian entrepreneurship and technology.
It is worth noting that Prime Minister of Libya’s Government of National Unity (GNU), Abdel-Hamid Dbaiba signed several memoranda of understanding with his Italian counterpart, Giorgia Meloni, in Rome on Wednesday. These memorandums cover the areas of oil and gas, joint investment, and include the activation of contracts for two wastewater treatment stations.
Notably, the Reconstruction and Stabilisation Committee inaugurated the renovated Municipal Market in the city of Benghazi. The grand reopening follows the completion of a comprehensive maintenance project.
The extensive refurbishment encompassed work on the sewage network, rainwater drainage systems, public lighting, flooring, walls, facades, internal routes, restrooms, paving of interior squares, and establishing headquarters and checkpoints for food inspection by the Food Control Centre, Municipal Guard, and security forces.